Francis Ford Coppola shared his thoughts on the current studio system during the Cannes Film Festival press conference for his self-financed epic “Megalopolis,” saying that they might not be around much longer.

“I fear that the film industry has become more of a matter of people being hired to meet their debt obligations because the studios are in great, great debt. And the job is not so much to make good movies, the job is to make sure they pay their debt obligations,” Coppola said in response to a question from Variety. “Obviously, new companies like Amazon and Apple and Microsoft, they have plenty of money, so it might be that the studios we knew for so long, some wonderful ones, are not to be here in the future…